Core Molding Technologies Q4 EPS Cut by Roth Capital

Core Molding Technologies, Inc. (NYSEAMERICAN:CMT) – Investment analysts at Roth Capital lowered their Q4 2024 EPS estimates for shares of Core Molding Technologies in a research note issued on Wednesday, November 6th. Roth Capital analyst C. Moore now expects that the industrial products company will post earnings of $0.12 per share for the quarter, down from their prior forecast of $0.15. The consensus estimate for Core Molding Technologies’ current full-year earnings is $1.53 per share. Roth Capital also issued estimates for Core Molding Technologies’ Q3 2025 earnings at $0.45 EPS, Q4 2025 earnings at $0.28 EPS and FY2025 earnings at $1.72 EPS.

Core Molding Technologies (NYSEAMERICAN:CMT) last issued its quarterly earnings results on Tuesday, November 5th. The industrial products company reported $0.36 EPS for the quarter, topping analysts’ consensus estimates of $0.23 by $0.13. Core Molding Technologies had a return on equity of 12.14% and a net margin of 5.11%. The business had revenue of $72.99 million during the quarter, compared to analysts’ expectations of $71.57 million.

Separately, StockNews.com raised shares of Core Molding Technologies from a “buy” rating to a “strong-buy” rating in a report on Monday, July 29th.

Core Molding Technologies Trading Down 0.8 %

Shares of NYSEAMERICAN:CMT opened at $16.78 on Thursday. The company has a market cap of $146.99 million, a P/E ratio of 8.83 and a beta of 1.69. Core Molding Technologies has a 12-month low of $14.64 and a 12-month high of $21.00. The company has a quick ratio of 1.86, a current ratio of 2.28 and a debt-to-equity ratio of 0.14.

Insiders Place Their Bets

In related news, CEO David L. Duvall sold 11,000 shares of Core Molding Technologies stock in a transaction that occurred on Tuesday, August 20th. The stock was sold at an average price of $17.94, for a total transaction of $197,340.00. Following the sale, the chief executive officer now owns 376,377 shares of the company’s stock, valued at approximately $6,752,203.38. This trade represents a 0.00 % decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. In related news, CEO David L. Duvall sold 11,000 shares of the company’s stock in a transaction on Tuesday, August 20th. The shares were sold at an average price of $17.94, for a total transaction of $197,340.00. Following the completion of the transaction, the chief executive officer now owns 376,377 shares in the company, valued at approximately $6,752,203.38. This represents a 0.00 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, CFO John P. Zimmer sold 13,653 shares of the firm’s stock in a transaction on Monday, August 26th. The shares were sold at an average price of $18.30, for a total transaction of $249,849.90. Following the transaction, the chief financial officer now directly owns 115,559 shares of the company’s stock, valued at $2,114,729.70. The trade was a 0.00 % decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last quarter, insiders sold 73,411 shares of company stock worth $1,333,020. Corporate insiders own 13.10% of the company’s stock.

Institutional Investors Weigh In On Core Molding Technologies

Hedge funds have recently made changes to their positions in the company. Tieton Capital Management LLC lifted its position in Core Molding Technologies by 151.9% during the second quarter. Tieton Capital Management LLC now owns 177,521 shares of the industrial products company’s stock valued at $2,830,000 after purchasing an additional 107,041 shares during the last quarter. Jacobs Levy Equity Management Inc. lifted its holdings in shares of Core Molding Technologies by 187.4% in the 1st quarter. Jacobs Levy Equity Management Inc. now owns 76,321 shares of the industrial products company’s stock valued at $1,445,000 after acquiring an additional 49,764 shares during the last quarter. Vanguard Group Inc. grew its position in Core Molding Technologies by 12.8% in the first quarter. Vanguard Group Inc. now owns 434,726 shares of the industrial products company’s stock worth $8,229,000 after acquiring an additional 49,501 shares in the last quarter. American Century Companies Inc. increased its stake in Core Molding Technologies by 19.1% during the second quarter. American Century Companies Inc. now owns 176,950 shares of the industrial products company’s stock worth $2,821,000 after acquiring an additional 28,376 shares during the last quarter. Finally, Inspire Advisors LLC bought a new stake in Core Molding Technologies during the third quarter worth approximately $326,000. 58.79% of the stock is currently owned by hedge funds and other institutional investors.

Core Molding Technologies Company Profile

Core Molding Technologies, Inc, together with its subsidiaries, operates as a molder of thermoplastic and thermoset structural products. The company offers a range of manufacturing processes that include compression molding of sheet molding compound, resin transfer molding, liquid molding of dicyclopentadiene, spray-up and hand-lay-up, direct long-fiber thermoplastics, and structural foam and structural web injection molding.